Marvell Technology Group Ltd

Marvell says not in talks with shareholder KKR on a buyout

Marvell Technology Group Ltd on Wednesday said it is not in talks with KKR & Co on a major transaction such as a buyout, a little over two weeks after the private equity firm reported a 6.8 percent stake.

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KKR to acquire 5% interest in Marvell - sources

One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.

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